Xafinity discards in-house trustees

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Xafinity has binned its in-house trustee firm HR Trustees and appointed Bridge Trustees for its master trust after The Pensions Regulator highlighted industry-wide conflict of interest concerns.

The consultant said growing focus on conflicts of interest in master trust set ups from TPR had led to the appointment of Bridge Trustees to its Xafinity Pensions Trust master trust arrangement. ...

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